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Investment Highlights

  • 13’ Ceiling
  • Gas
  • Well Maintained Roof
  • Heavy Power

Executive Summary

Investment Property | Fully Leased | Great 1031 Exchange Opportunity
Unique Opportunity in Crown Heights Brooklyn–30,690 SF 2-Story Commercial Property Fully Leased For Sale
Cap Rate Sale | Strong Rent Growth Potential
Qualified Opportunity Zone

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
30,600 SF
Building Class
B
Year Built
1925
Cap Rate
6%
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,300 SF
Building FAR
1.90
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
R6,Brooklyn,(E9) - multi-family residential zoning district allowing for a mix of building types from townhouses to larger apartment buildings

Amenities

  • Skylights
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01429-0001
Land Assessment
$109,350
Improvements Assessment
$1,754,550
Total Assessment
$1,863,900
  • Listing ID: 36906622

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 779 E New York Ave, Brooklyn, NY 11203

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